Accounting & Bookkeeping ยท KBLI 03211

Fisheries & Aquaculture Accounting

Fisheries and aquaculture businesses manage biological assets in the form of fish or shrimp requiring significant feed costs and mortality risk. The aquaculture cycle from seed to harvest requires accurate cost recording to calculate COGS per kilogram. Arunika Consulting helps aquaculture practitioners implement simple accounting according to SAK EMKM.

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What usually goes wrong

  • Fish/Shrimp Biological Assets

    Fish and shrimp grow and increase in value, but SAK EMKM allows historical cost valuation.

  • Mortality and Loss

    Fish deaths need to be recorded as losses and reduce biological asset population.

  • Dominant Feed Costs

    Feed is the largest cost component (60-70%) that must be tracked per pond/farm.

  • Population Estimation

    Calculating live fish count before harvest is difficult, requiring sampling and estimation.

What we do

  1. 01

    Pond/Farm Card

    Cost recording per pond: seed, feed, medicine, labor, and water costs for COGS per location.

    • Accurate COGS per kg
    • Profitable ponds identified
    • Measurable feed efficiency
  2. 02

    Mortality Recording

    Tracking fish deaths with cause estimation for loss calculation and management improvement.

    • Losses recorded
    • Cause analysis
    • Mortality prevention
  3. 03

    FCR (Feed Conversion Ratio) Analysis

    Calculation of feed ratio to fish growth for feed efficiency evaluation.

    • Feed efficiency
    • Costs controlled
    • Feed type decisions

Related regulations

  • SAK EMKM

    SME Accounting Standards

    Simplified reporting framework for SME-scale fishery businesses.

  • PSAK 69

    Agriculture

    Standard for fish biological assets and harvest valuation, relevant for reference.

  • PSAK 14

    Inventory

    Recording of harvest results as inventory and COGS determination.

If the tax office starts asking questions

The team that keeps your books and files your taxes also stays with you through an SP2DK, an audit, an objection and an appeal.

How we handle tax disputes

Frequently Asked Questions

How to record fish still being cultivated?

Fish not yet harvested are recorded as biological assets with accumulated cost value (seed + feed + other costs). When harvested, moved to inventory.

How to calculate COGS per kilogram of fish?

Total costs per pond (seed, feed, medicine, labor, water costs) divided by total kilograms of harvest yield COGS per kg.

Is fish death recorded as loss?

Yes. Mortality reduces biological asset value and is recognized as loss expense in the period of occurrence.

How do accounting services improve operating cost efficiency?

Accurate, timely financial reports help you spot cost leakage, monitor margins by product or service, and make data-based decisions.

Can financial reports be accessed in real time?

Yes. We use cloud accounting systems so you can monitor cash flow, profit and loss, and business performance from anywhere.

How do you ensure reports are ready for external audits or banks?

Reports are prepared with clear documentation and traceable transaction data.

Related Industries

Tell us about your business

Send your line of business, rough annual turnover, and what is going wrong. We reply on WhatsApp.

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